LeEco

Le.com, internet technology and content company founded by Jia Yueting, founder of Faraday Future (FF), reported a total debt with interest to be around RMB8 billion ($555.4 million) for the period ended September 30 during an interim shareholders’ meeting on November 19. Read More

According to a recent notice posted to the Shenzhen Stock Exchange website, a Chinese court has ordered all of Jia’s Leshi shares to be frozen. In addition, 5 million shares that Jia pledged to Orient Securities have been released due to an unpaid debt. Read More

Since August 21, stock price of Leshi, which belongs to the troubled LeEco, has been doubled from 2.08 yuan per share to 4.15 yuan. Many industry insiders believe that the soaring Leshi stock was likely boosted by the funding raised by Leshi's new media unit from Tencent and JD.com. Read More

Yesterday, Walt Disney Pictures hosted a press conference in China and apologized to Avengers Fans for making them disappointed at the 10th Anniversary celebration of the Marvel Cinematic Universe last Thursday at Shanghai Disney Resort. Read More

After the launch of bitcoin futures in major exchanges, blockchain has become a hot topic across industries in China. Many entertainment and media companies are trying to ride the blockchain wave in order to raise more funds. Read More

China Film Insider reports on and writes about the people and companies making movies that soon may help to bridge the gaps in understanding between China, the United States, and the rest of the world. We work in Beijing, Los Angeles, and New York.